ArchOver is a business lending service, connecting businesses that need working capital with investors seeking favourable returns. Through their platform, lenders (individuals, family offices and institutions) pledge to borrower projects, providing them with the money they need to achieve their goals.
One of ArchOver’s Technology sector clients, a customer experience analytics software provider, approached ArchOver for their second RDA loan with the platform. The software uses machine learning and eventing analytics to identify customer experience enabling brands to increase their revenue through digital channels.
In 2018, ArchOver facilitated the company’s first RDA loan for £180,000 on a 6-month term, based on their expected R&D tax claim. The cash advance was helpful in accelerating the company’s growth and extending their reach into the market.
After an encouraging year of product development, the company returned to ArchOver for a further 6-month, £200,000 RDA loan against their most recent R&D tax claim. This second advance is crucial in enabling the company to further drive their growth ambitions without equity dilution, whist accelerating their product development roadmap and positioning in the marketplace.
ArchOver is all about quality. They carry out rigorous due diligence to ensure they fully understand their borrowers’ businesses, what they are trying to achieve and the challenges they face. They take the time to get to know them.
ArchOver’s founders come from an SME background, so they know that every business is unique, and should be treated that way. They have a proven record not only of helping businesses secure funding, but also helping their borrowers when they meet challenges outside their control. They believe that British entrepreneurialism is worth fighting for – if a business is still viable, they will help find the best way forward.
ArchOver has a range of loan types helpful to businesses at different stages in their journey that lenders can pledge to, with lender interest rates ranging between 6% and 11% depending on the level of security. Lenders can also earn tax-free returns by using their annual IFISA allowance of £20,000 and/or by utilising their Investment Plan service – an automated portfolio that spreads lenders’ cash across multiple projects.
ArchOver offers the potential of better returns for borrowers and lenders alike. They deliver on that promise for British SMEs. If you need capital to help you grow, they help make it happen.
Can ArchOver support your clients by advancing their current R&D tax claim?
020 3021 8100
ArchOver is authorised and regulated by the Financial Conduct Authority 723755.
Lender capital is at risk and interest payments are not guaranteed if the borrower defaults.
Lending over the ArchOver platform is not covered by the Financial Services Compensation Scheme.